CAIIB – BRBL – Mock Test- 10

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1. 
Which of the following is not required to file a return of income if the income in the previous year does not exceed the amount which is not liable to tax:

2. 
The appeal against an order of the DRT, can be made by any of the party to ___

3. 
If a person seeks information from a public authority:

4. 
Section 19 of the Prevention of Corruption Act, deals with the matter related to previous sanction necessary for prosecution. The appropriate Government or any competent authority shall, endeavour to convey the decision on such proposal within a period of __ months from the date of its receipt. This may be extended by a further period of __ month/s.

5. 
In case of pledge, the possession and ownership of the goods remains with:

6. 
Period of Limitation, as per provisions of Limitation Act means ___ by the Schedule

7. 
The Articles of Association of a private company must state (which one is not required):

8. 
A company proposing to make an offer of securities through ____ may issue a red herring prospectus prior to the issue of a prospectus

9. 
Which of the following provides that a transaction between a banking company and its borrower cannot be re-opened by courts on the ground that the rate of interest is excessive:

10. 
According to Section 5 of the Bankers' Book evidence Act which of the following is True or False? 1 in any proceeding where the bank is not a party, no officer of a bank shall be compellable to produce any bankers' book, contents of which can be proved, under this Act by production of certified copies. 2 no officer of the bank shall be called as witness to prove the matters, transactions and accounts recorded in the certified copies. 3 the Court may order otherwise for special cause. 4 Where a Bank has itself filed a suit for recovery of dues, the original documents must be produced in the court unless the documents are disputed.

11. 
As per LLP Act 2008, a person may cease to be a partner of a limited liability partnership in accordance with an agreement with the other partners or, in the absence of agreement with the other partners as to cessation of being a partner, by giving a notice in writing of not less than ___ days to the other partners of his intention to resign as partner.

12. 
Cyber Laws in India are contained in which of the following:

13. 
Majority of the directors i.e. ___ % of the directors should have the qualifications prescribed u/s 10 A (2) of BR Act:

14. 
Under IBC 2016, the Insolvency and bankruptcy resolution process can be initiated when a Corporate Debtor commits a default of Rs. ____.

15. 
A subsidiary company of a govt. company is a:

16. 
If particulars are filed for satisfaction of security interest with the Central Registry, it sends a notice to the secured creditor within __ as to why the satisfaction should not be recorded, under SARFAESI Act:

17. 
The constitutional validity of SARFAESI Act was examined by Supreme Court in which of the following cases:

18. 
If a partner has contributed extra capital, he is entitled to ____:

19. 
Banking Regulation Act, in addition to commercial banks, is applicable to which of the following:

20. 
Which of the following statements are True or False? 1 Insurance policies are contracts which are in the nature of guarantees and indemnities. 2 Where notice has to be given to the indemnifier as per the terms of the indemnity, the indemnity holder has to abide by it, to be entitled to the claim 3 In a contract of indemnity the promisor is the indemnifier.

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